Wizz Air shares tank after profit warning January 30, 2025 Wizz Air slashed its annual profit forecast on Thursday despite quarterly losses more than halving amid record passenger traffic. Shares tanked on the announcement, falling nearly 12 per cent in early trading. The Hungarian carrier reported a €75.9m (£63.6m) loss in the three months ended December 31, around 58 per cent smaller than the year [...]
Brexit has left the UK aviation sector up in the air January 24, 2025 Since Brexit, UK pilot’s qualifications are no longer recognised in the EU and planes have to fly to America or Brazil for maintenance. If the government is serious about resetting Britain’s relationship with Europe then aviation would be a good place to start, says Chris Hope In 1945, William T Piper, the founder of the [...]
Heathrow, Gatwick and Luton: Ministers preparing to back London airports expansion January 21, 2025 The government is preparing to approve major expansion plans at three London airports, according to reports. Chancellor Rachel Reeves is poised to announce her support for additional runways at Heathrow and Gatwick, and a bid by London Luton to significantly increase passenger capacity, in a speech later this month, according to Bloomberg. Reeves’ speech has [...]
London Stansted reports busiest ever year as £1.1bn expansion gets underway January 13, 2025 London Stansted has reported a record year of passenger traffic as it pushes ahead with a £1.1bn expansion plan unveiled in the Autumn Budget. The hub to the North East of London welcomed 29.8m passengers in 2024, a 5.8 per cent increase on the previous record of 28.1m in 2019. It followed the airport’s busiest [...]
Late Leicester City owner’s family sue helicopter maker for record £2.15bn January 10, 2025 The family of former Leicester City owner Khun Vichai Srivaddhanaprabha is suing a helicopter manufacturer over his fatal 2018 crash for a record £2.15bn. The legal claim is the largest relating to a fatal accident in English history and was launched today at the High Court in London by the Thai family. They blame helicopter [...]
South Korean plane crash kills 179 December 29, 2024 The deadliest air accident ever in South Korea killed 179 people on Sunday, when an airliner belly-landed and skidded off the end of the runway, erupting in a fireball as it slammed into a wall at Muan International Airport. Jeju Air flight 7C2216, arriving from the Thai capital Bangkok with 175 passengers and six crew on board, was [...]
Fog causes disruption at Gatwick on airport’s busiest day of the holiday period December 29, 2024 Disruption caused by thick fog is expected to continue at Gatwick on Sunday, the airport’s busiest day of the holiday period.
Gatwick and Birmingham airport chiefs urge Rachel Reeves to tackle business rates threat December 5, 2024 Chief executives from Gatwick and Birmingham Airport have criticised Chancellor Rachel Reeves' planned changes to business rates.
We are practically full and must expand, says Gatwick boss December 2, 2024 The Planning Inspectorate passed its recommendation to ministers last Wednesday, on whether Gatwick's expansion should proceed.
We can have our cake and eat it, says boss of London private jet hub November 19, 2024 London Biggin Hill Airport chief executive David Winstanley argues business aviation can decarbonise without slowing growth.